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and speaker john boehner drawing different lines in the sand. will they break the stalemate? and if they don't -- that's coming up. >> greta: late today, david petraeus abruptly resigning after admitting to an extra-marital affair with his biographer. that's bad. but it gets worse. the resignation just days before general petraeus was set to testify at congressional hearings. coincidence? >> good evening, how are you? >> greta: i'm very well. congress pan, the affair, i mean, for the most part, i am trying to separate this out. it is a matter for general petraeus and his wife. but there is -- there is some parts of it that do have an implication. one is whether or not it's a security breach and that it should have been picked up and turned over to the house intel commits and whether or not that could be used as blackmail against him. your thought, sir? >> well, even someone as lowly as an assistant u.s. attorney has to undergo a background check with very invasive questions and you are expected to tell the truth and you are asked under penalty of perjury. so you can increase that expoinentia
'am. >> greta: straight ahead, president obama versus the speaker of the house, john boehner, digging in their heels on avoiding the fiscal cliff. time is running out. the latest is next. another bush family member is getting ready to run for political office. which one is it? start guessing. that's coming up. ♪ [ male announcer ] how could switchgrass in argentina, change engineering in dubai, aluminum production in south africa, and the aerospace industry in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >> well, it didn't take long, talk of compromise, post postelection, turning into stalemate. john boehner and barack obama not budging as we rapidly approach the fiscal cliff. >> 2013 should be the year we begin to solve our debt through tax reform and entitlement reform. i a
to tackle the impending fiscal cliff but the president and the speaker of the house john boehner each drawing lines that they say they will not cross. the major hurdles, that threat to send the economy into a tailspin, that's coming up next. >>> plus a nascar race turning into a full-scale brawl. look at this. mayhem breaking out of the everybody going at it. we'll tell you what set it off. after this. ve lately. but because of business people like you, things are beginning to get rolling. and regions is here to help. making it easier with the expertise and service to keep those wheels turning. from business loans to cash management, we want to be your partner moving forward. so switch to regions. and let's get going. together. jenna: well come back, everyone. now let's return to the economy. the president and house speaker john boehner are suggesting they are willing to compromise to prevent our economy from going over that so-called fiscal cliff but both sides are digging in their heels whether or not to race tax rates for the wealthy. rich edson of the fox business network watching
that obammal triangulate, moderate? >> i agree. >> sean: i am looking at john boehner tonight. i am thinking, he was the headline on abc world news, boehner exclusive, raising taxes, new revenue on the table. why is he caving when obama is the one who needs this deal more than anybody? why is he caving before it starts? >> he is caving because he knows there has to be a deal. the market was down 4 50 points in two days? >> that's the pressure on obama. >> but after an election that you lose, the american people want conciliation. center-right country doesn't mean-- >>> we there to go. >> i don't think we lost the election. we held the congress. >> same thing. >> sean: all of this process, we are in the same boat we were in before. >> $300 billion-- >>> $6 trillion in new obama debt. harry reid took his victory lap and delivered some disturbing remarks, he has ideas about limiting republicans' ability to oppose democratic initiatives in the senate. are we looking at serious abuse of power? will he be successful? will republicans hold the line? that's all coming up. how can you get back pain r
. >> that was speaker of the house, john boehner, talking about the looming fiscal cliche. republicans are ready to sit down at the table with president obam a. but is he prepared to compromise? listen to when he had to say earlier today. >> i want to be clear. i am not wedded to every dedale tail of my plan. i am open to compromise. i am not going to ask students and seniors and middle-class families to pay down the entire deficit while people like me making over $250,000 are not asked to pay a dime more in taxes. i am not going to do that. i want to point out, this was a central question during the election. it was debated over and over again. and on tuesday night, we found out that the majority of americans agree with my approach. and that includes democrat independents and a lot of republicans, throughout the country, as well as independent economists and budget experts. that's how you reduce the deficit. a balanced approach. so our job is to get a majority in congress to reflect the will of the american people. >> joining me with reaction are the author of who is the fairest of them all, steve moo
democrats and republicans stop it all. house speaker john boehner wants a deal on spending cuts. president obama says that is not enough. >> if we're serious about reducing the deficit we have to combine cuts with revenue. >> joining us is jonathan strong. even if tax rates went up on the wealthiest households earning more than $250,000 a year the president, as the president demands, this would actually do almost nothing to reduce the deficit. i look at the joint tax committee report of conscious saying it would reduce the deficit only by 7%. that is 7% out of $1.1 trillion. in many ways is the president's solution more of an illusion? >> he is trying to sell this as a matter of fairness. he seems to be making progress politically on that front. you have a good point. another good question, there isn't any theory this would help the economy. the estimates are it would hurt this the economy. is now the right time for that? people are still hurting out there. >> gregg: the president is claiming, you heard him say this -- he has a mandate for raising taxes. i'll quote him. he said on tuesday
speaker john boehner say they are ready to work together to keep the country from plunging off the so-called fiscal cliff. economists say the combination of tax hikes and spending cuts set to kick in at the end of the year could trigger another recession and higher unemployment. the president saying he has invited leaders of both parties to the white house next week to try to work out a deal. but he and the speaker still are sticking to their guns when it comes to it raising taxes on the richest americans. >> i'm not going to ask students and seniors and middle class families to pay down the entire deficit while people, like me, making over $250,000 aren't asked to pay a dime more in taxes. >> the problem with raising tax rates on the wealthiest americans is that more than half of them are small business owners. raising tax rates will slow down our ability to create the jobs that everyone says they want. >> harris: the white house says the president will veto any bill that extends tax cuts on incomes of more than $200,000. it is deja vu all over again, rich edson. he joins us from fox
of them is obamacare, as john boehner put it the other way, it's the law of the land. that means that businesses are going to be laying people off. that means that over eight million americans who are part time are going to continue to work part time until we see a real resurgence in this economy, certainly. because it's just not economical for the employer to move ahead. it's cheaper for them, in fact, to pay a $2,000 fine. imagine this, to pay $2,000 for an employee they didn't hire who they've hired and not put them on an employee-sponsored insurance plan. this is the exact reversefect of what we had, you know, been told would occur. but we should be used to that, because so much of the -- so many of the consequences have not been intended because they were never thought out by this congress, the previous congress. and we're looking at people saying it's partisanship. let me give you an example of why that's pure bull, shannon, many i fay. shannon: please do. >> one of the companies laying off people is a company called stryker, one of the medical device makers, one of the big
. this as house speaker john boehner hints he may be willing to compromise on the president on the gop's hard anti-tax position. would he have the backing of his party? would democrats go along? alexis mcgill johnson the executive director for american values institute. terry holt, former bush-cheney national spokesman and former senior advisor to the rnc. good to see both of you. terry, compromise seemed like a dirty word in the outgoing congress a lot of times. now that we're post-election, we have the lame duck, what do you think? does john boehner have the backing of his conference? >> boehner comes in probably stronger than he did in two years ago when we were facing off with president obama over stimulus and so forth. he won a lot of those battles. this year i think it is even more, republicans come in even more united resolve against increases in tax rates. we have reason to be optimistic. president obama said on friday, gave a presser, and didn't mention his tax rates promise. so we feel like if we can be united and strong together, we can go into an effort to find common ground without th
are at a dinner this evening. hosted by the speaker of the house, john boehner. shep? >> shepard: mike emanuel live on capitol hill. just in to fox news from the o really file? the chief operating officer of the long island power authority or lipa is stepping down in the wake of super storm sandy. this comes on the same day an attorney filed a lawsuit against lipa claiming negligence in the aftermath. and the attorney is seeking class action status potentially including hundreds of thousands of long island customers who, in some cases have had no power for two weeks. the feds say only about 25,000 customers in the storm zone are still in the dark only. certainly a major improvement since just yesterday when the number was three times that. but today as the new york city mayor michael bloomberg pointed out that figure does not include tens of thousands of homes and businesses that are destroyed or too badly damaged for crews even to restore electricity. >> the majority of new yorker who's remain without power do so not because the utilities can't provide power on the street but because necessar
'm not going to buddy breathe with john boehner. you never know when he goes from lee marvin to tammy and starts sobbing openly. i'm not going to be the last guy stuck with this. i get it the country has changed. i'm all reporting for duty, sir. >> bill: so now you are going to tell me that you, dennis miller, are now giving up and are going to get in lock step with the secular progressives? >> have you ever seen the movie invasion of the body snatchers. go dead eye so they don't get hassled? that's me, man. [ laughter ] i got my -- i got my own thoughts when i'm out on the sidewalk dodging the sea pods. you are going to see this look. all right? that's exactly what you are going to see. billy, you think is a glitch. i think is a sea change. i don't think this comes back during my lifetime. i do think it comes back in the same way an alcoholic who has a brush with mortality will eventually come back. somebody will have a stroke or somebody will almost croak from alcohol will poisoning fiscally but maybe then we pull it back. this thing is not edging back. the inmates are now sublettin
Search Results 0 to 13 of about 14 (some duplicates have been removed)